• Economist Josip Tica warns that inflation is putting additional pressure on the Croatian economy, with prices 15% higher than in the region.
  • Tica is concerned about the tourist season, especially in private accommodation, due to the risk of fewer arrivals and overnight stays.
  • Inflation hits pensioners and young families hardest due to rising food and real estate prices.
  • Tica warns of a self-fulfilling inflation prophecy that could lead to recession and job losses in industry.
  • Tax policy, including windfall profit and property taxes, is key to controlling inflation.